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Sniper Trades @snipetrades on x 31.1K followers
Created: 2025-07-22 17:23:04 UTC
🚨 TRADE RECAP – $RDDT 150C (GOOGL Sympathy Play) 🚨 Entry off key trendline retest into GOOGL earnings setup 🔥
🧠Why We Took the Trade
- The black arrow marks our entry off ascending trendline support at $140.00, which aligned with:
- Higher low structure
- XX EMA support
- Bullish hammer candle at support zone
We expected sympathy flow into RDDT from GOOGL earnings, as Reddit benefits from ad-spending sentiment & tech sector momentum.
📌 The setup: Compression near the apex of the trendline → bullish reaction with GOOGL as catalyst = asymmetric upside
💰 Trade Details: ✅ $RDDT 150C 🎯 Strike: $XXX 🗓 Expiration: Weekly or closest post-GOOGL earnings 🔥 Fill: Near $XXXX 🎯 Exit Target: $148–150 break or contract double 📉 Stop: Loss of $XXX / trendline breakdown.
XXXXX engagements
